Ukraine: Metinvest sales up in 2018

In 2018 Metinvest increased its sales in Ukraine by 35% YoY, to $3.34 billion.

The growth was due to the increase in domestic demand.

“Metal consumption in Ukraine grew by 4%, to 5.7 million tons”, the group noted.

Pellets and coke sales increased by 58% and by 41% respectively.

The share of Ukraine in the consolidated revenue remained unchanged – 28%.

Exports increased by 32%, to $8.54 billion, accounting for 72% of revenue.

In particular, the sales to Europe grew by 24%, to the Near East and North Africa – by 49%, to the North America – by 73%, and to the Southeastern Asia – by 36%, but to the CIS countries they fell by 2%. (Ukrainian metal)